Tang Eng (Taiwan) Performance
| 2035 Stock | TWD 31.70 0.10 0.32% |
The entity has a beta of 0.0445, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tang Eng's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tang Eng is expected to be smaller as well. At this point, Tang Eng Iron has a negative expected return of -0.0059%. Please make sure to validate Tang Eng's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Tang Eng Iron performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Tang Eng Iron has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Tang Eng is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 133.9 M | |
| Total Cashflows From Investing Activities | -89.6 M |
Tang |
Tang Eng Relative Risk vs. Return Landscape
If you would invest 3,190 in Tang Eng Iron on September 20, 2024 and sell it today you would lose (20.00) from holding Tang Eng Iron or give up 0.63% of portfolio value over 90 days. Tang Eng Iron is generating negative expected returns and assumes 0.9067% volatility on return distribution over the 90 days horizon. Simply put, 8% of stocks are less volatile than Tang, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Tang Eng Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tang Eng's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tang Eng Iron, and traders can use it to determine the average amount a Tang Eng's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0065
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2035 |
Estimated Market Risk
| 0.91 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tang Eng is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Tang Eng by adding Tang Eng to a well-diversified portfolio.
Tang Eng Fundamentals Growth
Tang Stock prices reflect investors' perceptions of the future prospects and financial health of Tang Eng, and Tang Eng fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Tang Stock performance.
| Return On Equity | 0.0668 | |||
| Return On Asset | 0.0095 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 17.96 B | |||
| Shares Outstanding | 350 M | |||
| Price To Book | 1.98 X | |||
| Price To Sales | 0.74 X | |||
| Revenue | 16.81 B | |||
| EBITDA | 1.88 B | |||
| Total Debt | 6.35 B | |||
| Book Value Per Share | 16.29 X | |||
| Cash Flow From Operations | 430.64 M | |||
| Earnings Per Share | 1.05 X | |||
| Total Asset | 20.15 B | |||
About Tang Eng Performance
Evaluating Tang Eng's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tang Eng has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Tang Eng has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Tang Eng Iron performance evaluation
Checking the ongoing alerts about Tang Eng for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tang Eng Iron help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tang Eng Iron generated a negative expected return over the last 90 days | |
| About 54.0% of the company shares are owned by insiders or employees |
- Analyzing Tang Eng's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Tang Eng's stock is overvalued or undervalued compared to its peers.
- Examining Tang Eng's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Tang Eng's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tang Eng's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tang Eng's stock. These opinions can provide insight into Tang Eng's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Tang Stock Analysis
When running Tang Eng's price analysis, check to measure Tang Eng's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tang Eng is operating at the current time. Most of Tang Eng's value examination focuses on studying past and present price action to predict the probability of Tang Eng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tang Eng's price. Additionally, you may evaluate how the addition of Tang Eng to your portfolios can decrease your overall portfolio volatility.